What Went Wrong for Hedge Funds During the Crash of 2008

by Benjamin Domenech on 1:02 am April 23, 2009

“Two things: what the markets did to them and what they did to themselves,” Martin Gross argues. “Many hedge funds that had relied on various degrees of leverage previously considered reasonably safe awoke to a flock of black swans, events so unusual that fund managers had barely considered them possible.” Will they survive? Absolutely.

Previous post:

Next post: